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Shutdown Economics

NPR

About 800,000 government workers are missing their paychecks, as the impasse between President Trump and leaders of the Democratic Party stretched into its 21st day. Slightly more than half of those workers are expected to keep working without pay because they provide services that are labeled "essential". The rest of the workers have been sent home until the government reopens.

Today, we take a look at three ways in which the shutdown can have an impact on the economy. There's the direct effect on those 800,000 workers who aren't getting paid, the indirect effect of a lack of government services during the shutdown, and, finally, the damaging effects to confidence in the economy.

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Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; she's traveled to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and she's spoken with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.
Cardiff Garcia is a co-host of NPR's The Indicator from Planet Money podcast, along with Stacey Vanek Smith. He joined NPR in November 2017.
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